Qwilt Raises $24M to Reduce Data Load of Video by Up to 80%

Qwilt is on the hot on the heels of something big in high-data video delivery. Founders Alon Maor from Cisco and Dan Sahar from Crescendo Networks, plan to reduce the overall load of online for landline networks, mobile carriers, content providers, and consumers.

eBay’s Paypal acquires Israel’s Fraud Sciences for $169 million, 12 times the return for investors

In an effort to fight fraudulent transactions and boost trust in online purchases, Paypal, the online payment service of eBay (NSDQ: EBAY), bought Israel/California based Fraud Sciences for a whooping $169 million in cash.  Fraud Sciences is has developed online risk management tools over the course of five years, creating propitiatory technology that identifies fraudulent …

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